Big eyes on the fast track to dominate the NFT trading sector against Solana and Enjin Coin

Big Eyes (BIG) has expanded at an amazing rate in recent weeks, as the presale has raised around $8.5 million in token sales since September. The platform is moving to compete with top NFT projects Solana (SOL) and Enjin Coin (ENJ) as users look forward to the NFT club launch later this year. Here we present a brief overview of the coins as they stand.

Solana (SOL)

Solana (SOL) operates the Solana Network, a multifaceted protocol that provides solutions to a wide range of trading constraints in the cryptocurrency market. The platform was launched in 2018 and has since been a preferred replacement for Ethereum and other powerful crypto platforms.

Solana’s (SOL) extensive use of smart contracts significantly contributes to its fast response time frames when processing user transactions. The hybrid protocol, which consists of a Proof of Stake and a Proof of History protocol, ensures that less energy is spent processing and storing blockchain transactions, leading to lower network costs. These features make the network a more efficient blockchain solution than Ethereum.

Solana (SOL) also hosts several DeFi applications and DEXs, with room for native tokens and a well-developed NFT platform where users can monetize their digital content and secure it on smart contracts. These promote sustainability and create a one-stop solution for many traders and investors in the crypto space.

The official token on Solana’s network is SOL, which serves as fuel for the platform and as a governing token for decision-making. It sells for around $30.64 on CoinGecko.

Enjin coin (ENJ)

Enjin Coin (ENJ) is primarily a GameFi project, which contains several gaming software to make money. On the other hand, users largely use NFTs, as they are the main objects used on most GameFi platforms.

While Enjin Coin (ENJ) is prominent in the GameFi sector, it is also a top player in the NFT trading sector. The NFT platform has tokens created by developers for use in the games and allows users who wish to tokenize their gaming experience and create tokens from their various digital content.

Enjin Coin (ENJ) allows users to move their assets from one gaming platform to another. This way they can grow their decentralized wallets instead of maintaining multiple wallets on separate game protocols at the same time. Before their assets can be moved, users must convert them to ERC-1155 tokens. The ERC-1155 standard allows users to define both NFT and non-NFT assets so that they can be transferred through the gaming platforms.

The Enjin Coin (ENJ) platform is powered by its native token, which provides real value to minted NFTs. It sells for $ on CoinMarketCap.

Big eyes (BIG)

The Big Eyes (BIG) presale will end in a few weeks, as its 200 billion tokens will soon be sold out. The project has generated over $8.5 million in less than six weeks, and there’s no telling where the token might get.

As mentioned above, the developers are working on launching the platform’s NFT club, Sushi Crew, which will help add more value to the project and keep it relevant in the cryptocurrency market. The NFT marketplace will feature tokens already minted for users by the developers, while allowing users to create their own NFTs and secure them with smart contracts. The NFT club will not charge for transactions made on it, as the developers plan to protect users from the high gas fees charged by Ethereum.

News from the team is that UNISWAP will soon feature Big Eyes (BIG). Another important feature the developers are working on is getting the BIG token listed on a decentralized exchange. This will increase the user base, as more users will be able to access the platform if the coin is listed on decentralized exchanges.

The pre-sale is almost over, although there is still time to get your BIG tokens. Follow these links to buy tokens and stay updated with news from the Big Eyes (BIG) team:

Advance sales: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram:

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.